ARC EXCESS & SURPLUS
Headquarters: Jericho, NY
Number of offices: 8
Number of employees: 160
Leadership: Christopher J. Cavallaro, CEO
Established to meet the growing needs of small to medium-sized businesses, ARC Excess & Surplus derived its moniker from the combined first letters of the three original partners’ names: Albert Salvatico, Richard Fierstein and Christopher Cavallaro. Since its inception in 1986, the company has become one of the nation’s largest wholesale brokers and a top producer for major management and professional liability insurance carriers, offering services to Fortune 500 companies, financial firms and nonprofit institutions. Looking toward the future, ARC is focused on growing its wholesale business. “We are putting together a new cyber and new construction program, and we want to deliver more proprietary ARC-labeled products,” says CEO Chris Cavallaro. “That is something we strive to do to differentiate ourselves in the market.”
